central bank digital currencies

CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
CBDC Scrutiny Underscores Role of Compliance in Scaling Digital Innovations
May 29, 2024  |  CBDC

The technology for central bank digital currencies (CBDCs) already exists. And as dozens of countries around the world have proven, in less time than it...

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ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
ECB Official: Central Banks Must ‘Speed Up’ CBDC Adoption
May 06, 2024  |  CBDC

Bundesbank’s president said central banks must speed the adoption of digital currency to remain viable. “If you would have asked me 20 years ago if...

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Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
March 07, 2024  |  CBDC

In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...

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Agility and Robust Risk Management Key to APAC Success in 2024, Says Discover Global Network
Agility and Robust Risk Management Key to APAC Success in 2024, Says Discover Global Network
February 06, 2024  |  Authentication

In recent years, the Asia-Pacific (APAC) region has emerged as a driving force in the digital payments space, with the region’s rapid technology adoption and...

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Switzerland’s Central Bank Plans December CBDC Pilot
Switzerland’s Central Bank Plans December CBDC Pilot
November 02, 2023  |  CBDC

The Swiss National Bank (SNB) is set to begin piloting a wholesale digital franc next month. The bank, along with six other lenders from Switzerland, Germany and...

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Visa Completes Pilot Test of CBDC in Hong Kong
Visa Completes Pilot Test of CBDC in Hong Kong
November 02, 2023  |  CBDC

Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs)....

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Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
Fed Vice Chair Michael S. Barr Calls for Stablecoin Regulation
October 27, 2023  |  Cryptocurrency

Michael S. Barr, vice chair for supervision at the Federal Reserve, addressed the increased experimentation with new payment technologies, such as stablecoins and central bank digital...

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Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
September 18, 2023  |  CBDC

The use of digital cash is growing. Americans currently leverage digital payments for many — if not all — of their daily purchases, using credit...

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CBDCs Compete for Relevance in Cross-Border Payments
CBDCs Compete for Relevance in Cross-Border Payments
September 13, 2023  |  CBDC

Link by link, the fashioning of a global network for central bank digital currencies (CBDCs) proceeds apace.  As it continues to grow, it has the...

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